How much would you bet?

Hi, 

If you have done interviews for trading, you probably know that they require you to calculate the probability and expected value of winning in a given game, and at the end of each problem, knowing the probability to win, and the expected value, the interviewer would ask: If you had 100$, how much would you bet in this game? Or, If you had 100$, how would you base your strategy?


How should you answer these questions? 

 

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